Foreign direct investment (FDI) is when a company takes controlling ownership in a business entity in another country. With FDI, foreign companies are directly involved with day-to-day operations in the other country. This means they aren’t just bringing money with them, but also knowledge, skills and technology. FDI is an important monetary source for India's […]
Startup India is a flagship initiative of the Government of India (GOI), intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. The action plan of this initiative is focussing on three areas: Simplification and Handholding. Funding Support and Incentives. Industry-Academia Partnership and Incubation. Under the Startup […]
A Board of Directors is an elected group of individuals that represents the shareholders of the Company. The board is a governing body that meets at regular intervals to set corporate management and oversight policies. As per the Companies Act, 2013, Every Company shall have a Board of Directors consisting of individuals as directors and […]
LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. As LLPs are separate legal entities, it’s the responsibility of the Designated Partners to maintain a proper book of accounts and file an annual return with the MCA each financial year. LLP […]
Annual Return is a significant document for the stakeholders of a company as it provides in a nutshell, very comprehensive information about various aspects of a company and as per the section 92 of the Companies Act, 2013, every company is required to prepare their Annual Return in Form No. MGT-7 and file the same […]
Subsidiary Company: Subsidiary Company means, a Company in which other Company holds at least 51% of Shares/Voting Rights. i.e. Holding company enjoy majority of control Over subsidiary company. Wholly Owned Subsidiary: Means a company in which other company holds 100% Shares/Voting Rights. i.e. Holding company enjoy Full of control over wholly subsidiary company. […]
The Ministry of Corporate Affairs on 18th December 2018 by its notification has amended the Companies (Incorporation) Rules, 2014 by introducing Companies (Incorporation) Fourth Amendment Rules, 2018. Before coming of the Companies (Incorporation) Amendment, Rules, the National Company Law Tribunal (NCLT) had the power for the Conversion of Public Company into Private Company, But after Companies (Incorporation) […]
Registered office address is the address at which all official letters, notices and reminders will be sent by any person, any government or non-government or regulatory body. Under Section 7 of the Companies Act, 2013, registered companies are required to establish its principal place of business with 30 days of its incorporation. Usually, a registered […]
Every company has a name which defines the identity of the business. The name must be a unique one to make it different from other business entities. The first clause in the Memorandum of Association is the name clause. Thus, the company must adopt a suitable name that is not undesirable. A company may change […]
As we all know, that the company needs funds for its expansion or diversification. Do we ever wonder, from where the company is infusing the funds so as to expand or diversify its business more? Thus, A company has two options to raise funds, one is through issue of Debentures and another is through fresh […]
